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French PCB merger
French PCB Maker elvia PCB has made another acquisition with its latest purchase of Lithos, a French specialist in microwave PCBs.
Lithos had a turnover of 4 million Euros in 2004. The management of the elvia PCB group has confirms its global supplier strategy with the acquisition of Lithos. The consolidated elvia PCB group will achieve a turnover of more than 50 million Euros in 2005.
elvia recently bought up another 100% of the shares of Avi & Peschard, which is another French PCB Manufacturer. elvia also earlier this spring initiated a 3 million Euros investment plan at its Coutances site to strengthen its R&D and prototype capabilities.
